EUR/USD Trend Analysis

The EUR/USD trend analysis shows that the W1 time frame is starting to trend to the upside. The current resistance level is at 1.1490, denoted by the yellow line.Traders can set an audible price alert here.

When the price alert hits check The Forex Heatmap® to verify any buy trades. Confirm the buy entry with EUR strength or USD weakness on the forex heatmap. Past the current short term resistance level at 1.1490 we see no nearby resistance. The overall upside pip potential is considerable. The chart you see below is a meta trader platform with easy to set up 5/12 exponential moving averages. We use multiple time frame analysis for the analysis.

EUR/USD Trend Analysis

EUR/USD Trend Analysis

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